At one point they were down by almost a third. Metro bank is the youngest lender on britains high streets. It launched here back in 2010 in the wake of the Global Financial crisis to take on the likes of lloyds and ba rclays. It was the first to do so for more than 100 years. But its had a series of Financial Issues and on thursday there were reports that its urgently trying to raise up to £600 million to shore up its finances. So should customers be worried . Heres our Business Correspondent theo leggett. Well, i dont think customers should be too worried at this stage. Although a 25 drop in the share price is clearly not a good look, metro bank insists that, fundamentally, its finances are pretty sound, it made a profit in the first half of this year, and it continues, crucially, to meet all regulatory requirements in terms of the financial buffers its obliged to give. 0n terms of the financial buffers its obliged to give. On top of that, the Financial Services Compensation Scheme d
This client alert summarizes notable data protection-related litigation trends from 2023 in all of these categories. Businesses should continue to pay attention to these topics in 2024.
On December 19, 2023, the FTC announced that it has entered into a tentative settlement with Rite Aid after bringing charges of unfair facial recognition technology practices over Rite Aid s use of.